News Overview

Business Wire India KPIT, a leading independent software development and integration partner to the automotive and mobility industry announced financial results for Q3 FY 2021-22 today. Q3 FY22 performance overview   Q3FY22 CC Revenue growth of 21.2% Y-o-Y, 5.6% Q-o-Q. Q3FY22 EBITDA at 18.5% as against 17.6% last quarter Net Profit for the quarter at Rs. 700 million as against Rs. 651 million last quarter, Q-o-Q growth […]

The ratings have been upgraded to BWR BBB/Stable on long-term bank facilities and BWR A3+ on short-term bank facilities.

Euro area unemployment rate dropped marginally in December, data from Eurostat showed on Tuesday. The jobless rate came in at 7.0 percent in December, down from 7.1 percent in November. In the same period last year, the unemployment rate was 8.2 percent. The number of people out of work decreased 185,000 from November to 11.481 million. Compared with December 2020, unemployment decreased by 1.828 million. […]

The FM told that the capital expenditure has thus increased to more than 2.2 times the expenditure of 2019-20 and it would be 2.9% of GDP in 2022-23.

Al-Noor joined Prudential in January 2016 as Group Chief Digital Officer, responsible for overseeing the development and execution of an integrated, long-term digital strategy for the Group.

Nifty Metal index ended up 4.49% at 5719.4 today. The index has added 4.00% over last one month. Among the constituents, Tata Steel Ltd rose 7.54%, Jindal Steel & Power Ltd added 6.52% and Vedanta Ltd gained 5.10%. The Nifty Metal index has increased 77.00% over last one year compared to the 23.08% spike in benchmark Nifty 50 index. In other indices, Nifty Pharma index […]

The Budget is focused on the futuristic technological shifts, it also attempted to ease of doing business, encouraging private sector investments and job creation. However, there is not much of focus on the consumption side.

The Hinduja Group companys sales grew 6% to 13,939 units in January 2022 from 13,126 units sold in January 2021.

German unemployment declined sharply in January, the Federal Labor Agency showed on Tuesday. The number of people out of work declined by 48,000 in January from the previous month after decreasing 29,000 in December. The unemployment rate fell to 5.1 percent in January from 5.2 percent in December. According to labor force survey, the unemployment rate remained unchanged at 3.2 percent in December, data from […]

The new product caters to domestic market.